Category: Residential Mortgages

Some three-quarters of people in the UK have heard of shared ownership, however among 18-24-year-olds awareness is as low as 40%.

Newbury Building Society has raised over £8,900 in sponsorship and donations after taking part in this year’s Mortgage Sleep Out, more than twice its £3,500 target.

Simon Burnell, formerly director of sales at Vida Homeloans, has joined United Trust Bank as head of product development for mortgages and bridging.

The channel will provide members with all the latest news, content and updates from TMA HQ as the club continues to invest in technology to support its advisers. It will act as a hub for industry content and news, including updates on all of TMA’s exclusive products and latest releases as well as educational videos, webinars and market updates.

Available from today, there’s a Level 2 with rates from 4.78% up to 75% LTV and Level 3 with rates from 5.28% up to 75% LTV.

The report should help agents win instructions and give vendors exclusive property data insights.

Lifetime lenders have the biggest room for improvement, with valuations, underwriting and ease of application being the three main issues.

On a monthly and quarterly basis prices slowed by 1.4% and 1.1%.

It said the prediction is made on sound fundamentals of the housing market continuing but with increased political and economic uncertainty.

The regulator said some lenders weren’t properly keeping records, causing customers to have to repeatedly state their circumstances and therefore potentially become disengaged.